FXCM to stop offering Hong Kong dollar on February 26

Mindful of last year's SNB shock, the US broker decides to stop quoting HKD amid fears over peg

Danger
Concerns mount: "All USD/HKD open positions will be liquidated after market close" on February 26

Retail broker FXCM is to stop offering the Hong Kong dollar to its customers as fears over the future of the pegged currency persist, following late January's volatile moves when the currency hit its lowest levels against the US unit for nine years.

The broker will stop offering the Hong Kong dollar from February 26. A spokesperson said "all USD/HKD open positions will be liquidated after market close and no new positions will be permitted" by the end of the month.

FXCM has already put in place

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: